julius baer group ltd (BAER) Details

Julius Baer Group Ltd. engages in private banking activities primarily in Switzerland, Europe, Asia, and South America. The company offers various structured products; and provides discretionary mandate, investment advisory, global custody, Lombard lending, real estate financing, and wealth and tax planning, as well as securities, FX, precious metals trading and advisory services. It serves private clients and family offices. The company was founded in 1890 and is headquartered in Zurich, Switzerland.

julius baer group ltd (BAER) Top Compensated Officers

julius baer group ltd (BAER) Key Developments

Julius Baer Reports Earnings Results for the First Half Ended June 2015

Jul 20 15

Julius Baer reported earnings results for the first half ended June 2015. For the quarter, the company’s net profit reached CHF 39.7 million after CHF 178.9 million a year earlier. Underlying net profit, excluding the provisions, jumped 34% to CHF 384 million. Operating income jumped 14% to CHF 1.4 billion, driven by an increase in both net commission and fee income and net interest and dividend income. Net commission and fee income grew 6% to CHF 792 million, while net interest and dividend income advanced 11% to CHF 384 million.

Bank Julius Baer announced that Giovanni M.S. Flury, currently Region Head Switzerland at Bank Julius Baer, will switch to the Executive Board of Julius Baer Group Ltd. effective from 1 January 2016, where he will contribute his wealth of expertise in private banking. He will be involved in various strategic projects.

Julius Baer Seeks Acquisitions

Jul 20 15

The Chief Executive Officer of Julius Baer Group Ltd. (SWX:BAER) said that Julius will supplement organic growth with selected acquisitions.

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